Contrast the firm's more likely to issue no dividends or stock dividends from those regularly issuing cash
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Contrast the firm's more likely to issue no dividends or stock dividends from those regularly issuing cash dividends; then, contrast the investor groups more likely prefer no dividends or stock dividends from those preferring cash dividends. What if, given that fund managers control the majority of shares issued, the residual model theory becomes most prevalent?
Related Book For
Financial Management Principles and Applications
ISBN: 978-0134417219
13th edition
Authors: Sheridan Titman, Arthur J. Keown, John H. Martin
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